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For the following: Fill in the blank with appropriate terms. The value of a bond(or of any asset equals the (A) ____________ of the future
For the following: Fill in the blank with appropriate terms.
The value of a bond(or of any asset equals the (A) ____________ of the future (B)____________________ to the holder. Bond valuation requires that we determine the relevant future (C)_______________ and the appropriate market rate of interest, or (D)___________________ for the bond; then the (E)____________________ of the future (F)_________________ is calculated using the appropriate opportunity cost or (G)_____________________.
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